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The Federal Housing Finance Agency (FHFA) this week published a final rule in the Federal Register that outlines housing goals for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and seeks to establish yearly standards to meet the goals.
This time around, the government-sponsored enterprises (GSEs) plan to expand their focus on rural communities, among other activities. The goal is to advance equitable housing access in markets and communities facing persistent challenges. The goal is to advance equitable housing access in markets and communities facing persistent challenges.
The Federal Housing Finance Agency (FHFA) this week issued a public request for information for plans submitted by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac under the Duty to Serve (DTS) program that aims to serve underserved markets from 2025 through 2027.
Regarding the plan governance, the bank will maintain the advisory board created under the 2018 plan, and NCRC will appoint half the members. 24, New Jersey-based TD Bank announced $10 billion in affordable homeownership initiatives by 2027, including the provision of loans and liquidity to the residential lending market.
The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system.
trillion and is projected to exceed $32 trillion in value by 2027. dollars or another government-backed currency — known as fiat. Facebook is now approaching 3 billion users worldwide. By one estimate , the global cryptocurrency market, although volatile, is valued today at around $1.8
Retirement: May 3, 2027 Shorter list 2024 Appraisers go mobile. 2027 & beyond New UAD fully required. Government refinances accounted for a large part of the decrease, dropping 12 percent over last week.” Mandate: November 2, 2026 UAD 2.6 2024-2025 Software companies, lenders, AMCs built for the new UAD.
Local governments across Washington are currently revising their Comprehensive Plans , which serve as blueprints for zoning and development. Between 1996 and 2021, Washington moved from 38 th in the nation to 47 th for per-capital-vehicle miles traveled (7500 a year), the steepest decline in that period of any state. Washington has about 2.9M
2027 (5 years). When you evaluate the possibility of this happening in the US, remember: The largest debtor is the US government with over $30 trillion in debt. Inflation can come about from a variety of sources: supply chain issues, surging demand, production cost increases and government policy. 2032 (10 years).
But the Federal and state and local governments play an important role in ensuring that all Americans have affordable and safe homes,” the Treasury wrote in a blog post. The Biden administration estimates that the bill would collectively build and preserve over 2 million homes.
Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. The average tenure for homeownership is now at a historic high of 10.7 According to John Burns research, that translates into roughly 1.3M
The Federal Housing Finance Agency (FHFA) on Monday unveiled its three-year plan for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to improve housing opportunities in underserved areas. The DTS plans aim to address a lack of liquidity across manufactured housing, affordable housing preservation and rural housing.
The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August , are largely unchanged from the initial draft.
Amid the leadership change at the government-sponsored enterprise (GSE), the Federal Housing Finance Agency (FHFA) recently announced a new final rule to establish affordable housing goals for the loan purchases of Fannie Mae and Freddie Mac from 2025 through 2027.
a September CHLA Roundtable, former FHFA Director Mark Calabria said that there is maybe a 70% chance this will be accomplished by 2027, adding that You can get them out. With a second Trump Administration imminent, speculation is growing that the GSEs could soon exit conservatorship.At Its all feasible, doable. Fasten your seatbelts.
The agreement restores Treasurys previous right to consent to a release of the government-sponsored enterprises from conservatorship. But he added that by [2027] I would say theres maybe 70% chance. Conservatorship was never intended to be perpetual, and we support efforts toward the GSEs release.
Climate change and its toll on housing At the beginning of his Administration, President Joe Biden tasked federal agencies with leading whole-of-government efforts to address climate change through Executive Order 14008: Tackling the Climate Crisis at Home and Abroad.
Respectfully, while I agree with the need for improvement in these areas, this strategy is akin to swallowing an aspirin in 2027 for a migraine you have today. Which helps our government and reduces our deficit. As I understand your plan, relaxed/common sense zoning changes and the release of federal lands will help spur homebuilding.
As for the mechanics of removing the government-sponsored enterprises (GSEs) from conservatorship, Calabria said it would take several years to pull off. “But by [2027] I would say there’s maybe 70% chance. That’s according to Mark Calabria , the former head of the Federal Housing Finance Agency (FHFA) under Trump.
Starting mid-2027, insurers operating in Washington will be mandated to furnish written notices to policyholders facing premium hikes of 10% or more, elucidating the primary factors driving the change. Homeowners must engage in thoughtful discussions with their insurance agents to assess whether additional protection is warranted.
Phillips will also be responsible for regulatory and conservatorship affairs and initiatives amid discussions with the Trump administration to privatize the government-sponsored enterprises (GSEs). The FHFA recently announced the affordable housing goals for the loan purchases of Fannie and Freddie from 2025 through 2027.
Removing the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from federal conservatorship — where they have been since the aftermath of the 2008 financial crisis — has been a longtime priority of Republican leaders in government.
Projections indicate that Washoe County could run out of developable land by 2027, while Clark County may face the same challenge by 2032. It goes on to accuse the federal government of failing to fulfill promises made to Nevada when it became a state in 1864. Washoe County encompasses Reno, while Clark County contains Las Vegas.
The higher likelihood of a Trump administration, with expectations of higher government spending, has driven up the 10-year Treasury yield, which reached 4.475% on Wednesday morning. A key item to watch will be any reforms focused on the government sponsored enterprises. He put the odds of it happening in 2027.
For anyone wondering what a Democratic or Republican presidential administration might look like for the housing market in 2025 and beyond, industry experts can provide some insights based on their experience in government, proximity to D.C. or decades in the private sector.
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